Formaldehyde Market 2023 : By Industry Trends, Segments And Forecast To 2032

Posted August 9, 2023 by poojatbrc

The global formaldehyde market size grew from $19.66 billion in 2022 to $21 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%.

The Formaldehyde Global Market Report 2023, provides comprehensive information on the formaldehyde market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Formaldehyde Market’s Growth:

As per The Business Research Company’s Formaldehyde Global Market Report 2023, the global formaldehyde market size grew from $19.66 billion in 2022 to $21 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The formaldehyde market size is expected to grow to $26.74 billion in 2027 at a CAGR of 6.2%.

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The formaldehyde market is segmented:

1) By Type: Urea Formaldehyde, Phenol Formaldehyde, Melamine Formaldehyde, Polyoxymethylene, Other Types

2) By Application: Resins, Fibers, Solvents, Plasticizers, Drying Agents, Other Chemical Intermediates

3) By End-User: Construction, Furniture, Automotive, Healthcare, Other End-Users

Asia-Pacific was the largest region in the formaldehyde market in 2022.

The table of contents in TBRC’s formaldehyde market report includes:
1. Executive Summary
2. Formaldehyde Market Characteristics
3. Formaldehyde Market Trends And Strategies
4. Formaldehyde Market - Macro Economic Scenario
5. Formaldehyde Market Size And Growth
26. Africa Formaldehyde Market
27. Formaldehyde Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Formaldehyde Market
29. Formaldehyde Market Future Outlook and Potential Analysis
30. Appendix

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Issued By poojatbrc
Country United Kingdom
Categories Advertising , Industry , Research
Tags formaldehyde market , formaldehyde market size , formaldehyde market share
Last Updated August 9, 2023